Originally Posted by
acl65pilot
Carl;
We keep looking in the rear view mirror at what we had, and that is a good guide, but you must look at the entire picture and frame it. Start with profit margins, and debt, and debt service.
Profit margins are due in no small measure to management's effectiveness. How well they price their product and manage yield. This is NOT labor's problem. The fact that you want to "start" here shows me that your first thought is to see things through management's eyes. Then with that view, you wonder how we as labor can achieve anything substantive. That is your error acl. I know you can't see it, but that's where you're going wrong. Management does not view their actions FIRST through the eyes of labor. When we view our actions FIRST through their eyes, we lose the balance of power equation.
Originally Posted by
acl65pilot
With being debt owned many airline's hands are tied. It really is up to the banks to sign off on any expenditure, not the Board. They threaten increased interest, calling in loans and a ton of other tactics
Complete garbage. Our management team is not beholden to banks for capital expenditure approval. Where did you get this rumor?
Carl